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Fields Changed

Registration

Field Before After
Study Withdrawn No
Intervention Completion Date March 14, 2021
Data Collection Complete Yes
Final Sample Size: Number of Clusters (Unit of Randomization) 608
Was attrition correlated with treatment status? No
Final Sample Size: Total Number of Observations 608
Final Sample Size (or Number of Clusters) by Treatment Arms 307 individuals in baseline condition, 301 individuals in treatment condition
Public Data URL https://zenodo.org/records/5652808#.YsGYbXZByUk
Is there a restricted access data set available on request? No
Program Files Yes
Program Files URL https://zenodo.org/records/5652808#.YsGYbXZByUk
Data Collection Completion Date March 14, 2021
Is data available for public use? Yes
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Papers

Field Before After
Paper Abstract This article investigates how incentives and behavioural policy interventions affect individuals’ allocation of scarce cognitive resources. Based on experimental evidence, we demonstrate that incentives systematically influence individuals’ allocation of cognitive resources, and their propensity to actively engage with a decision or to stay passive. Policies that steer individuals’ attention to a specific decision lead to more active decision-making and better choices in the targeted choice domain, but induce negative cognitive spillovers on the quality of choices in other domains. In our setting, these two countervailing effects offset each other, such that the overall payoff consequences of the interventions are essentially zero. We further document that cognitive spillovers are especially pronounced for complex choices and for subgroups of the population with a smaller stock of cognitive resources. We discuss implications for the design and evaluation of behavioural policy interventions.
Paper Citation Steffen Altmann, Andreas Grunewald, Jonas Radbruch, Interventions and Cognitive Spillovers, The Review of Economic Studies, Volume 89, Issue 5, October 2022, Pages 2293–2328.
Paper URL https://doi.org/10.1093/restud/rdab087
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